INT 640 : PESTEL Analysis Template What are the Effects of Climate, Weather, or Geographical Location - Management Assignment Help

Assignment Task:

Task:

• INT 640 PESTEL Analysis Template
• Using the instructions provided in the PESTEL Analysis Guidelines and Rubric Document, complete the following template.
• Category One: Political
• Probing Questions to Consider
• How easy is it to do business within the country?
• How often will the government intervene in markets to alter competitive forces, and to what degree?
• What government policies or political groups could be beneficial (incentives) or detrimental (regulations) to your success?
• How independent and effective is the judicial system?
• Example External Factors to Consider Between the Domestic and Foreign Markets
• government ideology, government type, government business policy, political instability, political and NOG pressure groups, freedoms (personal and professional), corruption levels, tax laws, industry regulations, globalization, foreign policy, global trade agreements, import/export restrictions, tariff/duty rates (applied), wars, conflicts, terrorism, foreign direct investment incentives or limits
• Step One: Complete the table below by filling in the blank cells.
• Factors Factor Within Your Country Impacting Your Industry and Firm Strategic Importance to Your Organization
• (High, Medium, Low) Reasoning/Justification
• (Factual and logical reasoning for including this factor in category of PESTEL analysis) Likelihood of Occurrence
• (High, Medium, Low) Time Scale
• (Days, Months, Years)
• Factor One Factor Two Factor Three Factor Four Factor Five
• (Optional) Factor Six
• (Optional) Step 2: Evaluate the factors that you identified above for the opportunity and risk they collectively pose to the company. Characterize the category as favorable or unfavorable based on your responses above. Write your evaluation in the cell below.
•  
• Category Two: Economic
• Probing Questions to Consider
• How stable is the economy?
• What are signs that the economy is declining, growing, or stagnant?
• What economic factors will impact your firm moving forward?
• How does each of the major economic measures (especially gross domestic product [GDP] and gross national product [GNP], balance of payments [BoP], exchange rates, cost of living, interest rates, etc.) impact your firm’s pricing, revenues, or costs?
• Are rivals equally impacted by these factors?
• Example External Factors to Consider
• economy type, country economy situation, country economy trends, economic stability, inflation rates, interest rates, exchange rates, general taxation issues, tax changes specific to products, market and industry cycles, specific industry factors, balance of payments, import/export ratios (country and industry), producer confidence, credit availability, job growth/unemployment rates, labor costs, customer/end-user drivers, disposable income, living standards (equality and opportunity), consumer confidence
• Step One: Complete the table below by filling in the blank cells.
• Factors Factor Within Your Country Impacting Your Industry and Firm Strategic Importance to Your Organization
• (High, Medium, Low) Reasoning/Justification
• (Factual and logical reasoning for including this factor in category of PESTEL analysis) Likelihood of Occurrence
• (High, Medium, Low) Time Scale
• (Days, Months, Years)
• Factor One Factor Two Factor Three Factor Four Factor Five
• (Optional) Factor Six
• (Optional) Step Two: Evaluate the factors that you identified above for the opportunity and risk they collectively pose to the company. Characterize the category as favorable or unfavorable based on your responses above. Write your evaluation in the cell below.
•  
• Category Three: Social
• Probing Questions to Consider
• Are the overall demographics favorable?
• How do your consumers’ values and beliefs impact their buying habits?
• How does behavior or cultural norms play a role in your foreign business-to-business relationships?
• How prone or open is the culture to sociocultural changes? Current tends?
• Are rivals equally impacted by these factors?
• Example External Factors to Consider:
• population demographics and dynamics, urbanization rates, housing trends, education, diversity and gender equality, immigration/emigration, career attitudes, work-life balance, attitudes to people (especially foreigners), consumer attitudes and opinions, consumer buying patterns, media and views on advertising and publicity, fashion and role models, nationalism/origin bias, employee relations/unions, organizational culture, communication styles, management and negotiation styles
• Step One: Complete the table below by filling in the blank cells.
• Factors Factor Within Your Country Impacting Your Industry and Firm Strategic Importance to Your Organization
• (High, Medium, Low) Reasoning/Justification
• (Factual and logical reasoning for including this factor in category of PESTEL analysis) Likelihood of Occurrence
• (High, Medium, Low) Time Scale
• (Days, Months, Years)
• Factor One Factor Two Factor Three Factor Four Factor Five
• (Optional) Factor Six
• (Optional) Step Two: Evaluate the factors that you identified above for the opportunity and risk they collectively pose to the company. Characterize the category as favorable or unfavorable based on your responses above. Write your evaluation in the cell below.
•  
• Category Four: Technological
• Probing Questions to Consider
• What is the information and communications infrastructure like?
• What innovations and technological advancements are available or on the horizon?
• How might they affect your operations, costs, product attributes, or benefits?
• How entrepreneurial and innovation-minded are consumers and employees?
• Are rivals equally impacted by these factors?
• Example External Factors to Consider
• technology and communications infrastructure, intellectual property regulation, broadband and mobile speed and access, disruptive technologies, local labor research and development and manufacturing know-how rivalry, low-cost labor, consumer access to technology, social networking, e-commerce, robotics and automation, artificial intelligence, cyber security, technology investment level (private and public), technology legislation and incentives, capable industry suppliers
• Step One: Complete the table below by filling in the blank cells.
• Factors Factor Within Your Country Impacting Your Industry and Firm Strategic Importance to Your Organization
• (High, Medium, Low) Reasoning/Justification
• (Factual and logical reasoning for including this factor in category of PESTEL analysis) Likelihood of Occurrence
• (High, Medium, Low) Time Scale
• (Days, Months, Years)
• Factor One Factor Two Factor Three Factor Four Factor Five
• (Optional) Factor Six
• (Optional) Step Two: Evaluate the factors that you identified above for the opportunity and risk they collectively pose to the company. Characterize the category as favorable or unfavorable based on your responses above. Write your evaluation in the cell below.
•  
• Category Five: Legal
• Probing Questions to Consider
• What consumer, employment, and commerce regulations and laws apply to your business?
• Do they help or hinder your business?
• How well are intellectual property rights and intangible assets registered and protected from counterfeiting or theft?
• Are rivals equally impacted by these factors?
• Example External Factors to Consider
• Ease of Doing Business index, contract law, employment law, tort/liability law, laws regarding consumer protection, labor, health and safety, antitrust, intellectual property, data protection, tax and discrimination, international and domestic trade regulations/restrictions, marketing regulation: advertising standards, product labeling and safety standards, corporate social responsibility (CSR)
• Step One: Complete the table below by filling in the blank cells.
• Factors Factor Within Your Country Impacting Your Industry and Firm Strategic Importance to Your Organization
• (High, Medium, Low) Reasoning/Justification
• (Factual and logical reasoning for including this factor in category of PESTEL analysis) Likelihood of Occurrence
• (High, Medium, Low) Time Scale
• (Days, Months, Years)
• Factor One Factor Two Factor Three Factor Four Factor Five
• (Optional) Factor Six
• (Optional) Step Two: Evaluate the factors that you identified above for the opportunity and risk they collectively pose to the company. Characterize the category as favorable or unfavorable based on your responses above. Write your evaluation in the cell below.
•  
• Category Six: Environmental
• Probing Questions to Consider
• How does your physical environment affect your firm and vice versa?
• How do forces impact the supply, logistics, and distribution infrastructure of the firm?
• What are the effects of climate, weather, or geographical location?
• Are we prepared for future environmental targets?
• Are rivals equally impacted by these factors?
• Example External Factors to Consider
• location, logistics infrastructure, weather, climate change, energy uses/sources/fuels, environmental restrictions, sustainable and ethical sourcing procurement, supply chain management, transportation equipment and distribution capabilities
• Step One: Complete the table below by filling in the blank cells.
• Factors Factor Within Your Country Impacting Your Industry and Firm Strategic Importance to Your Organization
• (High, Medium, Low) Reasoning/Justification
• (Factual and logical reasoning for including this factor in category of PESTEL analysis) Likelihood of Occurrence
• (High, Medium, Low) Time Scale
• (Days, Months, Years)
• Factor One Factor Two Factor Three Factor Four Factor Five
• (Optional) Factor Six
• (Optional) Step Two: Evaluate the factors that you identified above for the opportunity and risk they collectively pose to the company. Characterize the category as favorable or unfavorable based on your responses above. Write your evaluation in the cell below.

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